April 2021

NEW ENERGY MATERIALS MARKET REPORT 30/04: Asia hub battery-grade lithium prices continue to strengthen

An overview of the new energy materials markets and their price moves from the past week.

SPODUMENE SNAPSHOT: Price edges higher on persistent tight supply

Key data from Fastmarkets’ monthly pricing session in London and Shanghai on Wednesday April 28.

GLOBAL LITHIUM WRAP: Tight availability, feedstock price spike underpin Asian hydroxide prices

Tight spot supply and the upward momentum of lithium raw material prices continued to support lithium hydroxide prices in Asia in the week to Thursday April 29.

EV demand driving long-term nickel, cobalt outlook, Sherritt says

The demand for nickel and cobalt as battery materials for electric vehicles (EV) will keep their long-term bullish fundamentals intact, according to Canadian miner Sherritt International.

Argentina's government outlines lithium growth ambitions but macroeconomic uncertainty lingers, analysts say

The current Argentinian administration under President Alberto Fernández is committed to developing the lithium resources that the country owns, although the government’s efforts could be dampened by the lingering historic macroeconomic instability of the state, analysts told Fastmarkets.

AT A GLANCE: China Moly’s net profit up 125% in Q1 on rising copper, cobalt prices

A summary of miner-producer China Molybdenum Co’s financial results for the first quarter of 2021, as released on Tuesday April 27.

AT A GLANCE: Low prices shave Tianqi Lithium's revenue in 2020

A summary of Tianqi Lithium Corp’s results for 2020 and the first quarter of 2021 from its earnings reports published on Wednesday April 28.

Albemarle settles dispute over lithium reserves data with Chilean nuclear agency

United States-based lithium producer Albemarle has settled a dispute about its lithium reserves with the Chilean Nuclear Agency (CCHEN), the company said on Monday April 26.

CHINA COBALT SNAPSHOT: Tetroxide, sulfate prices fall amid lull in activity, weak sentiment

Key data from Fastmarkets’ pricing session in China on Friday April 23.

COBALT SNAPSHOT: Absence of Chinese buyers pushes metal prices lower

Key data from pricing session in London on Friday April 23.